2-bed · 1,273 sqft1 Residences by Wasl Tower 1, Al Kifaf · 10th floor · completed 2022

1007, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in September 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 2.4M12 September 2024
Current rentAED 140K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, 1 Residences by Wasl Tower 1

What is 1007 worth today?

Last sold for AED 2,400,000 in 2024

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12 Sep 2024SoldReady
AED 2,400,000AED 1,884 per sqft
1 Jul 2024RentedRenewal
AED 140,000/yr12 months · AED 110 per sqft
1 Jul 2024RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
1 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
4 Nov 2022Sold by developerReady
AED 2,110,948AED 1,657 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2024.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
10th of 42
Parking
B2-79
Developer
Wasl
Completed
2022
Last sold
AED 2.4M · September 2024

About 1007, 1 Residences by Wasl Tower 1

1007 is a two-bedroom apartment of 1,273 sqft on the 10th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 12 September 2024 for AED 2,400,000, or AED 1,884 per sqft, 4% below the AED 1,971 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 140,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2M2.5M3M20222023202420252026Typical sale price by year: 2022 AED 2,441,530; 2023 AED 2,469,537; 2024 AED 2,836,497; 2025 AED 2,891,529Sold by developer, November 2022: AED 2,110,948 (AED 1,657 per sqft)Sold, September 2024: AED 2,400,000 (AED 1,884 per sqft)

1007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in 1 Residences by Wasl Tower 1
150K175K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 154,000; 2025 AED 155,000; 2026 AED 185,000New contract, July 2023: AED 140,000 a yearRenewal, July 2024: AED 140,000 a yearNew contract, July 2024: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 1 Residences by Wasl Tower 1, and where 1007 sits

All 197 2-beds →

1007 last sold in September 2024 at AED 1,884 per sqft, 4% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,971). Over the last 12 months two-beds sold for AED 2,270,000 to 3,200,000, around AED 2,074 per sqft, and rent for AED 145,000 to 200,000 a year. 1007's AED 140,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20263,200,000
4 Feb 20263,000,000
25 Dec 20252,740,000
22 Jul 20252,500,000
4 2-bed sales in the last 12 months

1 Residences by Wasl Tower 1

Building

371 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 9 sold in the last 12 months.

Typical price per sqft
AED 1,990
Typical sale
AED 2.27M
Typical rent
AED 120K /yr
Typical yield
6.0%
1 Residences by Wasl Tower 1, Al Kifaf: prices, sales and rents →
Value
1001AED 2.66M · Jan 2023
10022-bedAED 2.21M · Oct 2022
10032-bedAED 2.14M · Dec 2022
10041-bedAED 1.38M · Nov 2022
1005AED 1.75M · Oct 2025
10062-bedAED 2.53M · Mar 2023
10082-bedAED 3M · Aug 2024
1–7 of 9

1007, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 4 November 2022 for AED 2,110,948, last on 12 September 2024 for AED 2,400,000 (AED 1,884 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 5.8%.
  • Two-beds in 1 Residences by Wasl Tower 1 sold for AED 2,270,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,990 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2024.

Questions about 1007, 1 Residences by Wasl Tower 1

What did unit 1007 last sell for?

AED 2,400,000 on 12 September 2024: AED 1,884 per sqft for 1,273 sqft. The unit has 2 registered sales; the first was AED 2,110,948 in November 2022.

What is the rent for unit 1007?

AED 140,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 140,000; the unit has been rented since July 2023.

How big is unit 1007?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 10th floor of a 42-storey tower completed in 2022.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 1 Residences by Wasl Tower 1 sold for AED 2,270,000 to 3,200,000 in the last 12 months, around AED 2,074 per sqft.

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Mortgage on 1007, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.4M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →